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Finance (Financials)

This will include the questions related to Financials.

  • 5,435 Topics
  • 14,352 Replies
5435 Topics
tokrcz
Sidekick (Customer)
tokrczSidekick (Customer)
asked in Finance (Financials)
Customer Warranty - revenue recognition

Hello, is there any way in IFS Cloud how to handle revenue recognition (revenue period allocation) for service “customer warranty” on Customer Order connected to part delivery? Our warranty is connected to hardware, it means we need to use customer order for shipment of inventory parts.  ThanksTomas

1171
Marcel.Ausan
Ultimate Hero (Partner)
Cagdas Karabacak
Do Gooder (Partner)
Cagdas KarabacakDo Gooder (Partner)
asked in Finance (Financials)
Bulgaria GAAP in IFS

Hello to everyone,Are there any accountant who work in Bulgaria and use Bulgaria GAAP in IFS Finance module?many thanks,Regards. 

360
Cagdas Karabacak
Do Gooder (Partner)
K
Hero (Partner)
kvbeHero (Partner)
asked in Finance (Financials)
Intrastat France - Regime code? How to add

Based on the available information about the intrastat report for FranceI could find the following from Deloitte. It states that a Regime Code should be provided. Problem is that I cannot find back in IFS this code?  (Source: https://www2.deloitte.com/content/dam/Deloitte/be/Documents/tax/Deloitte%20Global%20Tax%20Center%20Europe%20-%20Intrastat%20Guide%2022.pdf)Also in the docs its not stated as mandatory, only thing I can find is the Nature of transaction but that looks different?  Does anyone know how to get IFS to provide a correct intrastat report with the Regime code on it?@Martin Falkenau  @Linda Loeffler 

2571
K
Hero (Partner)
F
Sidekick (Partner)
FEKTSIRYSidekick (Partner)
asked in Finance (Financials)
How do I transfer a customer payment linked to my company (CUPOA) to a customer account?

Hi everybody,i have unmatched my transaction in paiement mixed and IFS reverse the paiement and creat an transaction linked to my company.So now, is it possible to transfer this CUPOA transaction (linked to my company so my company is in the identity) to my customer account?I've already tried to use customer compensation but the CUPOA linked to my company isn't in the list.Thank you for your help.

1707
Chirantha
Hero (Partner)
Mohashin Sohel
Do Gooder
Mohashin SohelDo Gooder
asked in Finance (Financials)
How to set up code part in Return Material Authorization-Orderless

Hello, I have defined two cost objects for two business units in our company to generate separate Income Statement, COGS, Customer Ledger and so on. I have confirmed all types settings such as Sales Revenue, COGS, and others.I can’t connect the cost object in the Order-less Return Material Authorization for posting Types IP2 (Accounts Receivable-Cr).For this reason, I cannot show the cost object in the customer analysis window. Based on which the customer ledger report has been created.Please give an advice to connect Pre posting option or other. 

762
Mohashin Sohel
Do Gooder
hrdilshan
Hero (Employee)
hrdilshanHero (Employee)
asked in Finance (Financials)
There are transactions which have been reported after the specified year period.

in Group Consolidation , When we are Disconnecting a Reporting Entity we are getting this ErrorThere are transactions which have been reported after the specified year period. 

180
hrdilshan
Hero (Employee)
G
Hero (Customer)
gianni.nevesHero (Customer)
asked in Finance (Financials)
Cloud 23.1.5 - supplier invoice Workflow

Hi Guys,I tried everything I’ve been able to find and yet, not been able to show the SUPPLIER INVOICE WORKFLOW tab, at COMPANY-->INVOICE. Anybody can help me?  Thanks,Gianni Neves

1986
Furkan Zengin
Ultimate Hero (Partner)
A
Do Gooder (Employee)
aknaDo Gooder (Employee)
asked in Finance (Financials)
GL balance analysis differ from gl voucher rows analysis

I have an issue when reconciling Gl balance analysis with gl voucher rows analysis in 0 period.Assume that, First perform finacial year end process and update gl vouchers1. Goto GL balance analysis2. Filter Account as 1470 & Code C as 1016 From Year 2023 To Year 2023 From Period 13 to period 13 Search3. You can see balance as "63000" which is correct4.In GL VOUCHER row analysis sum is "63000" which is correct (use same filters)5.Now again go to gl balance analysis6.Filter Account as 1470 & Code C as 1016 From Year 2024To Year 2024 From Period 0 to period 0 Search7. Balance is 126000 which incorrect8. If you use the same filters as previous step and go gl voucher rows analysis you can see balance as -63000 which is correctSo issue iswhen closing the accounting period period 13 will be carried forward to next year period 0 by double amount in gl balance analysis

3093
Furkan Zengin
Ultimate Hero (Partner)
F
Do Gooder (Customer)
FIHENRICADo Gooder (Customer)
asked in Finance (Financials)
IBAN account validation

Hi,I have a vague recollection of previously receiving error messages if an account number entered on supplier was too long or too short.We have all needed countries listed in the “IBAN Validation Information” window, but are able to put in both longer and shorter account numbers than specified there. Does anyone know if there is a validation performed (either on supplier or when new invoices are created in the external supplier invoice window)?  Kind Regards,Henrica

1985
F
Do Gooder (Customer)
R
Hero (Customer)
RcoubrouHero (Customer)
asked in Finance (Financials)
Supplier external invoice upload in xml format

Hello, Does anyone know the XML fields required in order to populate an alternate payment method and payment address?   For txt file types this works fine using the N type fields Payment Method and Payment Address. We need the equivalent fields in the XML file layout Thank you! example of some of the xml rows 

56711
B
Hero (Partner)
C
Do Gooder (Partner)
Carole.B.K4UDo Gooder (Partner)
asked in Finance (Financials)
Customer BOE entry : CUSTOMER_REFERENCE not saved in DB

(IFS Cloud 23R1)When registering a Customer BOE, if a reference is keyed in, it is not saved in the DB. The Reference is entered : But the reference is not shown after validation. If we inquire on the view BILL_OF_EXCHANGE2 through a quick report, the field customer_reference is empty.

150
C
Do Gooder (Partner)
O
Do Gooder (Partner)
oryza.sDo Gooder (Partner)
asked in Finance (Financials)
No Payment Customer Payment Receipt Series at Customer Payment

I have defined the customer payment receipt series but still get this error. Does anyone knows how to solve this issue?      

2192
H
Hero (Partner)
E
Do Gooder (Partner)
EmmaRidDo Gooder (Partner)
asked in Finance (Financials)
Object Depreciation Calculation

Hello IFS Community,I have an issue in an Apps10 environment where there has been a change to object depreciation calculations for 4 weeks/one month but I am unsure why this has happened.The change in calculation has happened to all objects in the company for the same 4 week period. Depreciation calculations were consistent for many years before this has happened and the following weeks/month have reverted back to the original steady calculation. So the issue is isolated to a fixed point in time.Is there a setting anywhere I haven’t been able to locate that could apply a change like this? We require the calculation to be consistent as with previous weeks/months, so will need to rollback the depreciation posting and re-do, but we need to identify the culprit to be able to correct all the object valuations YTD.Example: Object ADepreciation Aug Week 1 = £0.52Depreciation Aug Week 2 = £0.52Depreciation Aug Week 3 = £0.52Depreciation Aug Week 4 = £0.52Depreciation Sept Week 1 = £0.07Depreci

1374
E
Do Gooder (Partner)
F
Do Gooder (Customer)
FIHENRICADo Gooder (Customer)
asked in Finance (Financials)
xml problem with Swiss QR supplier payment

Hi, we tested sending QR payment files successfully in June, but now (in a go-live situation) we have a problem. In the xml this “SCOR” shows up: And not the “QRR” we previously got We are using IFS10. Has anyone else ran into a similar issue and know where to fix it? Format specific info per institute - we use ISO20022 and file template CH (001.001.03) and the “SCOR” shows regardless if we have “structured payment” ticked or not, which seems weird to me.BR,Henrica

603
F
Do Gooder (Customer)
SeW
Sidekick (Customer)
SeWSidekick (Customer)
asked in Finance (Financials)
Customer Mandate Management

Hey Community,If you set up an customer mandate in IFS for direct debiting, the bank needs to be specified for each mandate. That means, that if you use several banks (e.g. 3) and you have a lot of customer mandates (e.g. 1500) you need to set up a lot of double data (3x1500).The customer give us a mandate to charge his/her account, it doesn’t matter what bank we use. So from our point of view it is a huge work load to maintain data always 3 time for same reason.My question, is it possible to set up customer mandate somehow for all banks?RegardsSebastian

1010
SeW
Sidekick (Customer)
J
Sidekick (Customer)
JStackSidekick (Customer)
asked in Finance (Financials)
Cancel Manual Supplier Invoice

We are currently receiving an error stating user is not authorized when trying to cancel Manual Supplier Invoices.  This doesn’t happen on each cancellation attempt but only on a sporadic few.  Has anyone else had this issue? Thanks

8679
N
Sidekick (Partner)
R
Do Gooder (Employee)
runiseDo Gooder (Employee)
asked in Finance (Financials)
Affect Line Postings External Supplier Invoice

Hi, I have enabled ‘affect line postings’ on External Supplier Invoice on IFS Cloud, I am adding prepostings on Cost Cent, Project and Project Activity Sequence. When the invoice is created, in the posting proposals all the prepostings are getting copied except Project Activity Sequence. Is there some setup that I am missing?   Thank you very much!RegardsRutuja

1301
lisvse
Hero (Employee)
M
Sidekick (Customer)
mlcscottonnSidekick (Customer)
asked in Finance (Financials)
"Preview" of invoice doc on Instant Authorisation

The preview screen is working but for some users it is asking the user “Do you want to open or save this file”, but others it just automatically shows the pdf in the preview screen. How do you change this so it doesn’t prompt you to open or save the file before previewing the pdf file?Thank you

4975
O
Do Gooder (Customer)
A
Sidekick (Customer)
andrei.borromeoSidekick (Customer)
asked in Finance (Financials)
Consolidating if subsidiaries have different valid from and to dates for the period

HelloAssuming the following scenario: Period 1 of Subsidiary 1 has valid from and valid to dates of 11/26/2023 to 12/30/2023Period 1 of Subsidiary 2 has valid from and valid to dates of 11/26/2023 to 12/21/2023Period 1 of the Parent has valid from and valid to dates of 11/26/2023 to 12/30/2023 Would it still be possible to consolidate both subsidiaries for period 1 to the parent even if the subsidiaries have different valid from and to dates?

291
M
Do Gooder (Employee)
A
Sidekick (Partner)
AbdessamadSidekick (Partner)
asked in Finance (Financials)
Business Reporter

Hello,  Is it mandatory to have the Business Reporter Add-in installed in Excel in order to use Business Reporter ? Best regards.

1382
A
Do Gooder (Partner)
P
Sidekick (Partner)
pratik.b.shahSidekick (Partner)
asked in Finance (Financials)
Limitation in Creating Manual Supplier Invoice with respect to amount

Hi TeamGreetingsWhile creating a manual supplier invoice for India Company in IFS 9 (localization is enabled), we are not able to add lines when amount goes above 99,999.99 in gross amount column.Refer to below screenshot to understand the issues in brief:Screen shot 1:Line 1 - Interstate 0% - When net amount is added up to 99,999.99, gross amount is reflecting for it. (also, we are able to do match receipts for it) Line 2 - Interstate 18% - IMPORT - When manual tax base amount is added up to 5,55,555, again its tax amount is reflecting in gross amount column as 99,999.90 Screen shot 2:Line 1 - Interstate 0% - When net amount is added over 99,999.99, gross amount is not reflecting for it. (Here we are not able to match receipts) as net amount does not get loaded.Line 2 - Interstate 18% - IMPORT - When manual tax base amount is added, again its tax amount is not reflecting in gross amount column                                     Kindly help us resolve this issue.

1412
P
Sidekick (Partner)
P
Sidekick (Partner)
pratik.b.shahSidekick (Partner)
asked in Finance (Financials)
Fixed Assets reactivate option not available on object

Hi TeamGreetingsWe have a very unique error on object screen.We activate the Object with Amount of 500 using manual supplier invoice screen.Post that, we passed credit invoice with Amount of -500 using manual supplier invoice screen.Now, asset value is zero.By-mistake, user clicked on Deactivate object.Now, user is not getting option on only one particular object to reactivate the object. However, when we use IFSAPP we are above to deactivate in Test environment.     

1673
P
Sidekick (Partner)
A
Do Gooder (Customer)
ABYDo Gooder (Customer)
asked in Finance (Financials)
IFS Cloud Note with Tutorial Video

Hi All,May i know where can i find a full list of manual or process notes  on “How to step by step to operate IFS Cloud” together with relevant supporting demo on video tutorial.... This two material is important for beginners…Many thanks and best regards..Aby 

3192
S
Sidekick (Employee)
L
Sidekick (Customer)
lisa.gilesABSidekick (Customer)
asked in Finance (Financials)
Open Requisition Linked to Cancelled Purchase Order

Is it possible to reopen a Requisition linked to a Cancelled PO? A User cancelled a Purchase Order, but did not select ‘Yes’ to reopen the WO Purchase Requisition Lines. We need to reopen the WO Requisition so we can remove the Part Line and Remove the Material Line as it is still showing as required. Is this possible? Is there another way to delete the Material Line?

3112
T
Hero (Employee)
B
Superhero (Customer)
bdoucetteSuperhero (Customer)
asked in Finance (Financials)
How to automatically unblock customer orders on received payment

Hello,Is it possible to automatically unblock customer orders (that got blocked due to exceeding their credit limit) when a payment is received on the customers account?Thanks,Bryan

701
Marcel.Ausan
Ultimate Hero (Partner)

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